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- On July 29 2026, UPL Limited (NSE: UPL, BSE: 512070) announced the divestment of its entire stake in Bioplanta Nutrição Vegetal Indústria e Comércio S.A., an associate that manufactures fertilizers and agro‑chemicals.
- The sale price is a nominal USD 20, reflecting Bioplanta’s FY 2025 figures of ‑8.2 USD Mn net‑worth, ‑3.1 USD Mn loss and 7.1 USD Mn revenue (non‑consolidated).
- Buyers are two unrelated Brazilian businessmen, so the transaction is not a related‑party deal and no scheme of arrangement is required.
- Regulatory approval was secured by UPL Brasil on the filing day, and the transaction is expected to close on or before July 31 2026, complying with SEBI Regulation 30 and the July 2023 SEBI circular.
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